# PPP loan: MEMPHIS 901FC, LLC
> **$293K** approved 04/07/2020 · Paid in Full · Loan `6608007000`
## Borrower
- **Name:** MEMPHIS 901FC, LLC
- **Address:** 198 UNION AVE, MEMPHIS, TN, 38103-5207
- **NAICS:** 711211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $25K
- **Utilities:** $20K
- **Health care:** $15K
- **Jobs reported:** 27
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*